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MAG SILVER CORP. T.MAG

Alternate Symbol(s):  MAG

MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp.


TSX:MAG - Post by User

Bullboard Posts
Comment by okaynowon Feb 02, 2009 12:52pm
476 Views
Post# 15745581

boxtowire

boxtowireSorry for the confusion, which is most likely due to my poor typing skills and my excitement in getting back out into the sunshine. I was trying to imply the obvious without having to state it -  that everything is for sale at the right price. The management of MAG have been forced into a situation where they have been put in play, but they really do not want to sell at this stage. I didn't think that it needed to be said that if they received an offer that was too good to turn down - then they would recommend accepting it to their shareholders.

As far as your $12 or $16 per share questions - you are back on your singular IF scenarios. How about IF silver was trading at $25/ounce, or on a dramatic up-sloping trend from left to right. Would you sell for $12 or $16 per share?  Many would not - including myself. "IF" scenarios don't exist on their own and they depend on other influences and considerations.

If consider your comments concerning my golf game - you have added a number of other considerations that would effect the final score. You may want to use your own golf analogy and apply it to buying/selling MAG shares and add a few more considerations when thinking about IF you would sell at at target price - for it depends. I am sure that you have heard the following response to any general question where the considerations weren't provided, the response being - How long is a piece of string?

And by the way, I did make a few more putts. Its the next round where you start feeling a little cocky that everything else starts to falter. You have to admit that certain aspects of golf do reflect certain aspects of life.

Again, good luck with your investments.
Bullboard Posts